Indian tech industry thinktank iSPIRT has just released an index of the top 30 Indian companies making software products. The valuation of the 30 companies worked out to US$6.2 billion.
Capillary's services include a loyalty program engine that is integrated into a store's point-of-sales system. For retailers, the loyalty program doubles as a source of data on customers.
Over the past eight years in the country, the firm has invested in more than 75 companies including Micromax, Just Dial, and Capillary Technologies.
Capillary Technologies is announcing today that is has raised $15.5 million in series A funding. The investment was led by Sequoia Capital and Norwest Venture Partners. Qualcomm, which previously inve...